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The annual merit increase program should keep sellers’ total compensation aligned with labor market levels and reward exceptional performance, sales collaboration and growth in professional competencies.

.; A considerable portion of employers have not established a pay equity strategy — and even more doubt their organization complies with global pay equity standards, according to the 2024 State of Pay Equity Report from beqom, a total compensation software company.

According to Michael Piker, the vice president of global total rewards at cosmetics company Shiseido, annual benefits selection introduces a “maze of complexity for employees trying to make an informed decision,” but total rewards (TR) professionals are discovering that AI tools — when integrated strategically and thoughtfully — can provide valuable assistance to both the worker and the employer.

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Fisher stated it’s another tool to help total rewards professionals attract top talent who value flexibility .

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“Unless the Court goes much further than expected, I don’t think HR and total rewards leaders will see much direct impact,” Stanton said.

The applications are numerous, and include work-life harmony, health and well-being, and total rewards.